Economists See Slow Recovery from Deep Recession
New York, NY, Sept. 14, 2009--Economic recovery in the U.S. may be the slowest since World War II, even if the most optimistic forecasts for expansion turn out to be right.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Home Depot CEO Says Not Clear Recovery Has Started
Atlanta, GA, Sept. 11, 2009--While many retailers say they are seeing encouraging economic signs, the CEO of Home Depot says he isn't ready to say a recovery has started.
Longust To Distribute for Mannington in California
Salem, NJ, Sept. 14, 2009--Mannington Mills said that Longust Distributing Inc. has been granted distribution rights for all Mannington products in Southern California.
Milliken Selling Automotive Textile Division
Spartanburg, SC, Sept. 11, 2009--Textile supplier Milliken & Co. is selling its automotive-textile division, according to Automotive News.
Texas Carpet Recycling Wins Leadership Award
Grapevine, TX, Sept. 11, 2009--Texas Carpet Recycling won the 2009 Outstanding Construction & Demolition Debris Reuse/Recycling Leadership Award from the State of Texas Alliance for Recycling (STAR).
Area-Rug Firms Hosting Joint Open House in Vegas
Las Vegas, NV, Sept. 11, 2009--Nine rug vendors will co-host a joint Open House at the World Market Center Tuesday, Sept. 15.
U.K.'s National Floor Show Moving To Birmingham
London, England, Sept. 11, 2009--The National Floor Show, the U.K.'s largest flooring show, will move to Birmingham next year and the National Exhibition Centre.
Import Prices Up, but Inflation Still in Check
Washington, DC, Sept. 11, 2009--Higher oil prices lifted import prices by 2% in August, the fifth increase in the past six months, the Labor Department reported Friday.
Fed Beige Book Report Depicts Fragile Recovery
Washington, DC, Sept. 10, 2009--The recession is ending and a slow, fragile recovery is taking hold, according to the Federal Reserve's latest Beige Book report.
Capel Rugs Gets New CEO
Troy, NC, Sept. 10, 2009--Capel Rugs said that John A. Magee has been appointed president and CEO of Capel Inc., Capelsie Mills Inc., and Capel Real Estate & Development Inc.